Saturday, October 15, 2011

Long before Cain was running for president and getting attention for his 999 plan, the residents of SimCity 4 -- which was released in 2003 -- were living under a system where the default tax rate was 9 percent for commercial taxes, 9 percent for industrial taxes and 9 percent for residential taxes.

Now this may just be a really, really, really freaky coincidence, but if you can compare Cain's cockamamie tax reform plan to something in an eight year old video game, something is amiss. And this doesn't even touch on the subject of how ridiculous the plan actually is. And when Cain is asked specific questions on aspects of his plan, like how the 100% deduction would work for businesses that buy American designed products but are assembled out of the country and contain parts made elsewhere, he'll give answers like, "I have no idea." No idea? Herman Cain has no idea how his plan would work? He's shouting "9-9-9" from the mountaintops any chance he gets, but he doesn't even know how it works.

When you crunch the numbers, it's just another in a long line of Republican tax reform plans that increase taxes for middle class and working poor families while cutting taxes for the top income earners. And by "top" I don't mean breaking six figures. I mean millionaires.

1 comment:

Even funnier is how the stupid republicans cheer for it like they understand it-they hate nuance.In the Bloomberg debate he was told that they crunched numbers but they don't add up.All he had to say was that he disagreed with their assessment and the crowd went wild!